Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Drake sets record as first artist to fill all top three US album chart slots
Drake has become the first artist to hold the top three slots on the US albums chart. Iceman, Habibti and Maid of Honour debuted at Nos. 1, 2 and 3, respectively. Iceman, the album that Drake had been teasing for nearly two years, entered the Billboard 200 at No. 1, earning him his 15th chart-topper and besting Jay-Z's previous record for most No. 1s among solo men and R&B/hip-hop artists. Drake ties Taylor Swift for most No. 1s among solo acts, behind only the Beatles with their record 19 No.
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‘Mandalorian and Grogu’ tops charts and ‘Obsession’ grows in second weekend
After nearly seven years away from the big screen, a new Star Wars movie drew healthy but not record-breaking crowds to global theaters this weekend. According to studio estimates on Sunday, “Star Wars: The Mandalorian and Grogu” made $82 million in ticket sales from 4,300 theaters in the U.S. and Canada. By the end of Monday’s Memorial Day holiday, it’s expected to have earned $102 million domestically and $165 million globally. It exceeded opening weekend expectations for the movie, a continu
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Aaliyah’s Estate Hints Fans Should Blur R. Kelly Out of Reissued ‘Age Ain’t Nothing but a Number’ Album Art
More than two decades after Aaliyah released her debut album, the conversation around Age Ain’t Nothing but a Number has resurfaced in an unexpected way. A recent vinyl reissue prompted renewed attention online. This happened after fans noticed what appeared to be a quiet visual message tied to R. Kelly, whose image remains on the original cover art. Social posts connected to Aaliyah’s estate only added to the speculation. For many longtime listeners, the moment reopened difficult questions tied
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Drake Surprises Viral TikTok Family With Escalade & ‘Janice STFU’ Karoke Session
For years, the content creator NYFlavaaa has built a loyal following by posting everyday moments with his children, many of them set to songs by Drake. Their videos often show the family driving through the city, laughing through lyrics and turning car rides into miniature concerts for TikTok audiences. Recently, one song kept appearing across their pages: ‘Janice STFU,’ a fan favorite from Drake’s latest run of releases. The clips eventually reached the rapper himself, leading to an interaction
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